2
Assessment
2.1
A firm must carry out an adequate assessment of its preparations for resolution.
- 01/08/2019
2.2
The assessment in 2.1 must:
- (1) be realistic;
- (2) include analysis of how the firm understands it would be resolved, any risks to its resolution and steps the firm is taking or plans to take to remove or reduce those risks; and
- (3) be reviewed by the firm if there is reason to suspect it is no longer accurate and updated if there has been a change in any of the matters to which it relates that impacts its assessment.
- 01/08/2019